Daily Current Affairs for All Exams- 15th September 2016

1. India-born innovator Ramesh Raskar wins 2016 Lemelson-MIT Prize

1. India-born innovator and scientist Ramesh Raskar has won the prestigious 2016 Lemelson-MIT Prize. He is an associate professor at Massachusetts Institute of Technology (MIT’s) Media Lab. He is known for his co-invention of an ultra-fast imaging camera that can see around corners, low-cost eye-care solutions. It also enables users to read the first few pages of a book without opening the cover.

2. The annual Lemelson-MIT prize is administered by the School of Engineering at the MIT. It was endowed in 1994 by Jerome H. Lemelson

3. Deborah Herold won two gold medals at the Indira Gandhi Sports Complex Velodrome. Her first gold came in women’s elite 500 by clocking 35.964 seconds. Mohd. Adnan Farina Shawati of Malaysia and Yin Yin from Hong Kong bagged the silver and bronze medals respectively.

6. US sign 38 billion dollars deal with Israel

1. The United States signed a 38 billion dollars deal with Israel to provide the country with military assistance over a 10-year period, from 2019 to 2028. The deal is the largest such agreement the US has ever had with any country.

2. Under the terms of agreement, Israel will receive 3.8 billion dollars a year from the US. At present US gives 3.1 billion dollars to Israel annually under a 10-year deal that ends in 2018.

3. Following 10 months of tense negotiations, the two allies finalised the memorandum of understanding (MoU) with a signing ceremony in Washington. It was signed with the hope that this contribution would help in security.